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71:) with 2.4 trillion euros combined assets as of end-2021. Germany's savings banks, owned by local governments, play a major role in the country's economy, together operating some 15,860 branches and employing about 284,800 people.
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that stumbled badly during the financial crisis. After years of subsidising the activities of the
Landesbank sector, savings banks have been more assertive about ending the
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would be an "association of associations" whose members would not be individual savings banks, but rather regional associations thereof (
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work community of German savings banks and giro associations and payment clearing houses
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Arbeitsgemeinschaft
Deutscher Sparkassen- und Giroverbände und Girozentralen
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separation from their
Eastern German peers and central organization in
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was established to coordinate the regional payments clearing houses or
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Verband der
Sparkassen in Rheinland und Westfalen und Sparkassenzeitung
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Edward Taylor, Philipp
Halstrick and Kathrin Jones (April 2, 2012),
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Documents and clippings about
Deutscher Sparkassen- und Giroverband
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had been established, covering all the country's savings banks.
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From
Microfinance to Inclusive Finance: Why Local Banking Works
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85:, est. 1881. The first national conference of savings banks (
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Bundesverband der Deutschen Volksbanken und Raiffeisenbanken
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German association of savings banks and money transfers
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173:, with seat in Berlin. It simultaneously absorbed the
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283:-style ambitions of some of these regional lenders.
534:Germany's DekaBank fires CEO after spat over bonus
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461:R. H. Schmidt, H. D. Seibel, P. Thomes (2016),
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29:Deutscher Sparkassen- und Giroverband
256:In April 2011, DSGV took control of
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16:German association of savings banks
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103:. In 1892, it was agreed that the
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158:) that had appeared since 1908.
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164:Deutscher Sparkassenverband
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96:Deutscher Sparkassenverband
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126:on 26 October 1916 during
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117:). By 1911, fifteen such
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364:Dietrich H. Hoppenstedt
91:Deutscher Sparkassentag
65:Sparkassen-Finanzgruppe
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441:"Finanzbericht 2021"
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244:eingetragener Verein
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115:Sparkassenverbände
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302:(1924-1935)
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281:Wall Street
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198:formed the
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128:World War I
69:BNP Paribas
593:Categories
427:References
287:Presidents
249:Following
181:Königsberg
61:Sparkassen
270:SachsenLB
471:citation
410:See also
258:DekaBank
188:de facto
101:Dortmund
582:of the
578:in the
538:Reuters
448:dsgv.de
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75:History
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266:WestLB
240:German
232:German
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268:and
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33:DSGV
27:The
584:ZBW
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